McCain says he ‘misspoke’ in blaming Obama for attacks on Americans
WASHINGTON (Reuters) – U.S. Senator John McCain said on Thursday that President Barack Obama was “directly responsible” for attacks on Americans like the one in Florida because of policies that contributed to the rise of the Islamic State. But the Ariz…
White House sees surge in Syrian refugee admissions this year
WASHINGTON (Reuters) – The Obama administration believes it will be able to process many more Syrian refugees in the last half of fiscal 2016 than in the first six months, allowing it to meet its goal of admitting at least 10,000 by Sept. 30.
Illinois budget impasse hits $550 million bond sale
CHICAGO (Reuters) – Illinois’ long-running budget impasse stung the state on Thursday in the U.S. municipal market where buyers of its $550 million bond issue demanded bigger yields over the market benchmark.
Philadelphia passes soda tax after mayor rewrites playbook
NEW YORK (Reuters) – Philadelphia Mayor Jim Kenney scored a victory that had eluded more than 40 U.S. public officials who took on the powerful U.S. soda industry when the city council voted on Thursday to slap a tax on sweetened drinks.
Clinton outpaces rivals in drug company donations
WASHINGTON/NEW YORK (Reuters) – Presumptive Democratic presidential nominee Hillary Clinton has taken more money from employees of America’s 15 biggest pharmaceuticals companies than all of the Republicans who attempted a run for the White House this y…
U.S. top court puts some limits on contractor fraud lawsuits
WASHINGTON (Reuters) – The U.S. Supreme Court on Thursday imposed some limits on the kind of fraud claims that can be brought against federal contractors in a case involving a suit against one of America’s largest hospital operators over a woman’s deat…
Clinton considering Warren, not Sanders, for running mate: WSJ
WASHINGTON (Reuters) – Hillary Clinton is considering U.S. Senator Elizabeth Warren for her running mate for the Democratic presidential ticket, the Wall Street Journal reported on Thursday, citing several people familiar with the process.
‘Lone hacker’ claims responsibility for cyber attack on Democrats
(Reuters) – A “lone hacker” has taken responsibility for a cyber attack on the U.S. Democratic National Committee, which the DNC and a cyber-security firm have blamed on the Russian government.
Illinois to sell bonds, but cannot tap all the proceeds
CHICAGO (Reuters) – Illinois will sell $550 million of bonds on Thursday but lacks authority from the state legislature to spend all of the proceeds due to an ongoing budget impasse.
California legislature sends $122.5 billion budget to governor
SAN FRANCISCO (Reuters) – The California legislature agreed on Wednesday to a $122.5 billion spending plan for the fiscal year starting July 1 and sent it to Governor Jerry Brown, who is expected to sign it.